Tuesday, September 11, 2012

LG to launch cheaper 84-inch 4K TV two months before Sony

Sony (SNE) made some waves last month when it announced its stunning 84-inch LED TV with 4K resolution that also featured a whopping $25,000 price tag. But one of the company’s South Korean rivals is already planning to undercut its price, as LG (003550) on Friday announced the LG UD 84LM9600, an 84-inch “ultra-definition” 3D LED TV with 4K resolution support that’s priced at a comparatively low $19,999.99. 
Ultra-definition television will transform the giant-screen viewing experience in the years ahead, and LG is proud to bring this new technology to market so that discerning U.S. consumers can enjoy a fully immersive home theater experience,” said Jay Vandenbree, LG USA’s senior vice president of home entertainment.
The massive TV also includes LG’s Smart TV technology, which provides access to thousands of apps and premium content services. The LG UD 84LM9600 is expected to be available in October, two months before Sony’s 4K resolution TV launches. LG’s press release follows below.
Read more here.

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